The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shashank Pravinchandra Doshi & Others
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Awaiting price reaction for this filing.
Shashank Pravinchandra Doshi along with Persons Acting in Concert — Hetal Shashank Doshi, Tej Shashank Doshi, Kavya Shashank Doshi and Shashank P Doshi (HUF) — acquired 2,12,400 equity shares (6.85% of voting capital) of Narmadesh Brass Industries Ltd through the open market on February 12, 2026. Before the acquisition, the group held Nil shares; after the deal, their total holding stands at 2,12,400 shares (6.85%). The filing explicitly states the acquirers do not belong to the Promoter/Promoter group. The company's total equity capital remains unchanged at 31,00,800 shares of Rs. 10 each.
A new non-promoter shareholder group has built a meaningful 6.85% stake, crossing the 5% SAST disclosure threshold and approaching the 10% open-market trigger level — investors should watch for further buying or any alliance announcements involving this group.